Antigua Villas for Sale from Tradewind Realty Ltd.: South Point

Price: from US $695,000

Ground floor Units US$695,000
Top floor units US$745,000
Penthouse units US$1,450,000

South point is positioned on 1.75 Acres of prime hillside, waterfront property with a spectacular view of Falmouth Harbour. South Point is set in the center of the yachting community at Falmouth Harbour and English Harbour. English Harbour is known for its rich history, worldly restaurants and entertaining nightlife. Falmouth Harbour is host of the famous Antigua race week. Just a five minute walk from South Point one will find Nelson's Dockyard which served as a base for the British Navy in the great age of sail. English Harbour served as the headquarters of the fleet of the Leeward Islands during the turbulent years of the late 18th century. Although the dockyard was greatly expanded at that time by Horatio Nelson, it was gradually abandoned in the nineteenth century and was closed in 1889. Today Nelson's Dockyard has been completely restored, and it is now the only Georgian dockyard in the world.

The South Point is a low density development consisting of 23 apartments. 20 of these units at this boutique condominium hotel will be one bedroom apartments that will spread over 5 buildings allowing for 4 one bedroom apartments per building while 3 of the buildings will utilize a third floor for the 2 bedroom penthouses. The one bedroom units are 900 sq ft with 700 sq ft being the indoor living area while the remaining 200 sq ft is the verandah. Units on the same level of the same building may interconnect. The remaining 3 apartments will be the 2 bedroom penthouse apartments perched on the third floor of 3 of the buildings. These 2 bedroom penthouse apartments are 1800 sq ft with 1400 sq ft being the indoor living area and 400 sq ft for the verandah.

South Point is to consist of the 23 apartments, a boat dock with rental space, swimming pool, restaurant, bar, and lobby lounge. The restaurant and the lobby lounge will be a social meeting point and the hub of South Point. The structures will be cement block and will have a Caribbean-Asian feel. All furniture will be from Europe and Bali to 4 star standards. All of the hotel rooms will have mini-kitchens, high speed internet, DVD/CD players, telephone and flat screen TV. The principal behind South Point is that each of the apartments will be pooled and managed as part of the hotel. This system is to provide the unit owner with a return on the investment as well as revenue for the management and upkeep of the facility to maximize appreciation and future value. Construction commenced in September of 2006 and will be completed in the winter of 2007/2008.

	ANTIGUA REAL ESTATE TRADEWIND REALTY LTD.